Want to be in the loop?
subscribe to
our notification
Business News
HCM CITY DEVELOPS SEAPORT SYSTEM
According to Chairman of the municipal People's Committee Le Hoang Quan, the city's seaports handled 109 million tonnes of cargo and generated over VND15 trillion (US$705 million) in 2014, an annual rise of 15.3 percent.
The outcomes were attributable to the city's investment in key transport infrastructure projects.
The completion of the second phase of the Soai Rap dredging project is an example. The project worth VND 2.8 trillion ($131.5 million) was commissioned in late June 2014, enabling faster navigation and handling 30,000-50,000 dead weight tonnage ships.
The total volume of goods transported via the river in 2014 reached 7.2 million tonnes, a yearly increase of 16 percent.
The Saigon New Port company manages 16 ports, including two inland container depots (ICD) from the south to the north. The Cat Lai port in District 2 is listed in the top 34 modern and big container ports in the world.
According to the national seaport development plan through 2020, HCM City is the southeast region's key port with functional wharf areas of Hiep Phuoc on Soai Rap River and Cat Lai on Dong Nai River .
The region's seaports are expected to handle 185-200 million tonnes of cargo in 2015, 265-305 million tonnes in 2020, and 495-650 million tonnes in 2030.
Le Hoang Minh, Deputy Director of the municipal Department of Transport, said the city is relocating Saigon New Port , Ba Son shipyard, Nha Rong-Khanh Hoi port, Vegetable port and Tan Thuan Dong Port on the Saigon River .
HCM City is planning 2,000 hectares for the construction of the Hiep Phuoc urban industrial complex along the Soai Rap River which could welcome 50,000-70,000 dead weight tonnage ships from the East Sea to the Hiep Phuoc seaports cluster, reducing transport time and increasing goods exchanges between the city and Mekong Delta localities as well as other industrial hubs in the southeast region.
Apart from investing in developing the seaports system in Cat Lai and Hiep Phuoc regions, the city is focusing on connecting the land and waterway transport networks such as belt roads No. 2, 3 and 4 linking the city with the Hiep Phuoc port and industrial park, the HCM City-Long Thanh-Dau Giay highway, and the Ben Luc-Long Thanh highway.
The city will also build a railway connecting Hiep Phuoc port with Long Dinh station in Can Duoc district and Long An international port in Can Giuoc district.
Source: VIR
Related News
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
























